New Delhi: A Bengaluru man’s claim that he spent approximately Rs 50 crore for a rare breed of “wolfdog” sent an Enforcement Directorate (ED) team sniffing at his residence on Thursday, to hunt down any possible corruption or violation of the Foreign Exchange Management Act (FEMA). The probe agency, sources said, raided S Satish’s residence … Read more
New Delhi: Businessman Robert Vadra — husband of Congress’s Priyanka Gandhi Vadra — questioned for the second day in the Gurugram land case and called again for a third session, could not resist a quip today. “They love me a lot,” he told the assembled reporters outside the office of the Enforcement Directorate. Mr Vadra — … Read more
New Delhi: The Enforcement Directorate (ED), Kolkata has provisionally attached 707 acres of land, valued at approximately Rs. 1,460 crore, in and around Aamby Valley City, Lonavala, as part of its ongoing investigation into the Sahara Group’s alleged money laundering activities. The land, purchased in benami names, was funded through diverted money from Sahara Group … Read more
New Delhi: Businessman Robert Vadra – Congress MP Priyanka Gandhi Vadra’s husband and brother-in-law of Leader of the Opposition Rahul Gandhi – marched to the Enforcement Directorate’s Delhi office Tuesday morning after receiving a second summons. The first was on April 8. His statement will likely be recorded under the Prevention of Money Laundering Act. … Read more
Probe Agency Takes Action On Key Properties In Congress-Linked Herald Case The Enforcement Directorate (ED) Saturday said it has issued notices to take possession of immovable assets worth Rs 661 crore that it had attached in a probe into the money laundering case against Congress-controlled Associated Journals Limited (AJL). The notices, which seek vacation of … Read more
New Delhi: The Enforcement Directorate on Tuesday searched the offices of George Soros’ foundation, the Open Soros Foundation, and non-governmental organisations linked to the OSF, including Amnesty. Officials said the searches are linked to an ongoing FEMA, or Foreign Exchange Management Act, case. Premised of former employees of Amnesty International (whose India operations shut down in … Read more
Ahmedabad: The Enforcement Directorate Tuesday said it has arrested a Gujarat-based journalist in a money laundering investigation linked to an alleged financial fraud. Mahesh Langa, a correspondent for The Hindu newspaper in Gujarat, was taken into custody and produced before a special Prevention of Money Laundering Act (PMLA) Court in Ahmedabad, the federal probe agency … Read more
New Delhi: The Enforcement Directorate has levied a penalty of more than Rs 3.44 crore on BBC World Service India for alleged contravention of foreign direct investment (FDI) regulations, agency officials said on Friday. The federal probe agency also fined three of its directors more than Rs 1.14 crore each as it issued an order … Read more
Bhopal: The Enforcement Directorate (ED) on Wednesday conducted raids at multiple locations in Madhya Pradesh in connection with a private firm allegedly engaged in producing and distributing adulterated milk products domestically and internationally using forged lab certificates. The ED’s crackdown against Jayshri Gayatri Food Products Pvt Ltd and its director comes as part of larger … Read more